India misses 2022 renewables target of 175 GW by 30%
India has installed a cumulative renewables capacity (excluding large hydro) of 122 GW as of December 31, 2022, falling 30% short of its 175 GW target. While solar addition has remained more consistent than wind over the last few years, 2023 is going to be a challenging year for PV installation due to the shortage of domestically manufactured modules.
EV manufacturers’ wishlist for Union Budget 2023–24
Electric vehicle (EV) and component manufacturers seek a uniform 5% goods and service tax (GST) for all EV spare parts. They also want the scrapping of import duty on lithium-ion battery cells and policy support for battery recycling.
NTPC starts India’s first green hydrogen blending in PNG network
The state-owned power generator has started green hydrogen blending at 5% by volume in the piped natural gas (PNG) supply to households of NTPC Kawas township in Gujarat.
Solar in 2023
Here are three trends in the solar sector that will gain momentum in 2023, leading to wider PV implementation.
“2022 was an eventful year for solar manufacturing”
pv magazine speaks to Dr Hitesh Doshi, chairman and managing director of Waaree Energies, to know about the progress of solar manufacturing in India in 2022 and the way forward.
Making the switch to a low-carbon economy
The shift to a low-carbon economy offers both a significant opportunity and a tremendous challenge.
Schneider Electric to double its manufacturing capacity
The company will consolidate six of its existing ten factories in Bengaluru to launch one of its largest smart factories, globally. The new factory will leverage new-age technologies for operational efficiency and reduced cost.
“Govt looking at both supply and demand side drivers for green steel production”
Union steel minister Jyotiraditya Scindia said yesterday the government has put in place a national green steel policy and is looking at both demand-side and supply-side drivers for decarbonizing steel production.
Bhutan signs 600 MW PPA with PTC India
Bhutan will procure up to 600 MW of power from the Indian market to meet its requirement during the dry winter season.
L&T sells stake in L&T IDPL
The Indian multinational EPC provider has sold its 51% stake in L&T Infrastructure Development Projects to a platform backed by Edelweiss Alternatives.
